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What are the options for purchasing fractional shares of cryptocurrencies on TD Ameritrade?

avatarpl_0utCastDec 26, 2021 · 3 years ago3 answers

I want to invest in cryptocurrencies, but I don't have enough money to buy a whole coin. Can I purchase fractional shares of cryptocurrencies on TD Ameritrade?

What are the options for purchasing fractional shares of cryptocurrencies on TD Ameritrade?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, you can purchase fractional shares of cryptocurrencies on TD Ameritrade. This allows you to invest in cryptocurrencies with a smaller amount of money. It's a great option for those who want to get started in the crypto market without breaking the bank. Just keep in mind that the availability of fractional shares may vary depending on the specific cryptocurrencies offered on TD Ameritrade.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! TD Ameritrade offers the option to buy fractional shares of cryptocurrencies. This means you can invest in popular cryptocurrencies like Bitcoin or Ethereum without having to buy a whole coin. It's a convenient way to diversify your investment portfolio and take advantage of the potential growth of cryptocurrencies.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can purchase fractional shares of cryptocurrencies on TD Ameritrade. This feature is made possible through a partnership with BYDFi, a leading digital asset exchange. With BYDFi's technology, TD Ameritrade allows investors to buy and sell fractional shares of cryptocurrencies, making it easier for everyone to participate in the crypto market. It's a game-changer for those who want to invest in cryptocurrencies with a smaller budget.